Consolidated Balance Sheets - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Current assets
Cash and cash equivalents	$ 30,838,684	$ 103,505,676
Trade receivables, net and accrued revenues	1,384,118	336,162
Due from related parties	44,455,643	26,880,720
Inventories	2,111,637	2,012,907
Prepaid expenses and other current assets	3,798,987	2,471,415
Total current assets	82,589,069	135,206,880
Fixed assets
Vessels, net	1,478,520,314	1,539,111,833
Other fixed assets, net	160,283	203,678
Total fixed assets	1,478,680,597	1,539,315,511
Other non-current assets
Deferred charges, net	2,000,794	1,574,522
Derivative instruments	6,448,498	14,264,899
Due from related parties—non-current	19,800,000	19,800,000
Restricted cash - non-current	35,633,962	25,862,704
Other non-current assets	217,097	85,640
Total assets	1,625,370,017	1,736,110,156
Current liabilities
Trade accounts payable	7,212,580	6,329,193
Accrued expenses	3,436,116	4,702,808
Due to related parties	489,644	345,515
Deferred income	4,258,683	5,564,557
Current portion of long-term debt	63,968,414	65,067,569
Total current liabilities	79,365,437	82,009,642
Long-term liabilities
Long-term debt—net of current portion and deferred financing fees	632,122,372	694,035,583
Other long-term liabilities	1,199,650	651,569
Total long-term liabilities	633,322,022	694,687,152
Total liabilities	712,687,459	776,696,794
Commitments and contingencies
Shareholders' equity
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued nor outstanding
Common stock, $0.01 par value, 450,000,000 shares authorized, 58,882,515 and 58,640,161 shares issued, 55,167,708 and 55,090,165 shares outstanding (net of treasury stock), as of March 31, 2019 and March 31, 2018, respectively	588,826	586,402
Additional paid-in-capital	863,583,692	858,109,882
Treasury stock, at cost; 3,714,807 and 3,549,996 shares as of March 31, 2019 and March 31, 2018, respectively	(36,484,561)	(35,223,428)
Retained earnings	84,994,601	135,940,506
Total shareholders' equity	912,682,558	959,413,362
Total liabilities and shareholders' equity	$ 1,625,370,017	$ 1,736,110,156